Holding(s) in Company

RNS Number : 9879F

Bank of Georgia Holdings PLC

22 June 2012

 

The following announcement is made in accordance to DTR 5
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			Bank of Georgia Holdings plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):	Acceptance of public offering from Bank of Georgia Holdings plc to exchange shares in Bank of Georgia for shares in Bank of Georgia Holdings plc.			X
3. Full name of person(s) subject to the notification obligation: iii		Peter Elam Hakansson
4. Full name of shareholder(s)  (if different from 3.):iv		East Capital Russian Fund, East Capital Eastern European Fund, East Capital (Lux) Russian Fund, East Capital (Lux) Eastern European Fund and Sakaropel Limited, East Capital Holding AB and East Capital Financials Fund AB
5. Date of the transaction and date on which the threshold is crossed or reached: v		21 June 2012
6. Date on which issuer notified:		21 June 2012
7. Threshold(s) that is/are crossed or reached: vi, vii		18.35%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B759CR16

NA

NA

6,589,964

18.35%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

6,589,964

18.35%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Peter Elam Hakansson is the ultimate controlling shareholder of the East Capital group and will henceforth make the notifications for all entities and funds within the group. See annex: East Capital Ownership Structure. East Capital Russian Fund (4.20% votes) East Capital Eastern European Fund (0.67% votes) East Capital (Lux) Russian Fund (0.69% votes) Sakaropel Ltd (2.47% votes) East Capital Holding AB (0.01% votes) East Capital Financials Fund AB (10.17%)
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	Most recent notification of holdings of GB00B759CR16 have been made by East Capital AB on behalf of East Capital Holding AB, Sakaropel Ltd, East Capital Russian Fund, East Capital Eastern European Fund, East Capital (Lux) Russian Fund, East Capital (Lux) Eastern European Fund and East Capital (Lux) Convergence Eastern European Fund on 28 February 2012 and by East Capital Financials Fund AB on 2 April 2012.
14. Contact name:	Nina Jonsson
15. Contact telephone number:	[phone]

 

END

 

 

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